28 Abbott Street, Old Town, ME, 04468

About This Home

Exceptional investment or owner-occupant opportunity in the heart of Old Town! This well-maintained duplex offers the perfect chance to live in one unit while generating income from the other--let your tenant help pay the mortgage. Ideally located just 5 minutes from the University of Maine and only one minute from local grocery stores, shopping, and everyday conveniences, this property offers both comfort and convenience. The main unit features 2 bedrooms and 1 full bathroom, a nicely updated kitchen with space for dining, and a spacious, inviting living room. The second unit, situated above the garage, offers 1 bedroom, 1 bathroom, and a generously sized living area--perfect for rental income or extended living space. Set on a generous 0.37-acre lot, the property also includes a heated 2-car garage--uncommon for most rentals in the area and ideal for Maine winters. Completely renovated down to the studs in 2016, this property was thoughtfully updated with no expense spared. Improvements include all new plumbing, electrical (with new panel), insulation (including the attic), shingles, furnace, vinyl siding, and Andersen windows throughout most of the home. With a steady and consistent rental history--comprised of reliable, long-term tenants rather than student housing--this property offers stability and peace of mind for investors. This is a true turnkey opportunity for those looking to generate income or offset their living expenses. Don't miss your chance to own a solid, income-producing property in a prime location!